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Assume sam sell 2500 books on account for $11 each (cost these book is $16500) on 10th October, 2012. One hundred of these books (cost $660) were damaged in shipment, so muddyriver later got the damaged goods as sales return on 13th October, 2012. then the customer paid the balance on 22nd October, 2012. Credit terms provided to the customer were 2/15, net 60.
1. Determine net sales for October 2012
2. Evaluate gross profit for October 2012
question robby owns a small condo near the beach. during the year the home was used as follows- rented out for fair
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Purpose a complete single-step income statement for the company and multiple-step income statement for the company (including gross margin, pretax income, and earnings per share)
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Discuss and interpret the changes over the two-year period and how is this information useful from a managerial perspective?
Assume initially that the systems both have average risk. Which one should be chosen? B. Assume that System X is judged to have high risk. The clinic accounts for differential risk by adjusting its corporate cost of capital up or down by 2 percent..
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